OFLX - Omega Flex, Inc.
Omega Flex, Inc. (NASDAQ: OFLX - Get Free Report) passed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $29.58 and traded as low as $25.51. Omega Flex shares last traded at $25.64, with a volume of 33,262 shares traded. Analyst Ratings Changes Separately, Weiss Ratings restated a
Omega Flex, Inc. (NASDAQ: OFLX - Get Free Report) declared a quarterly dividend on Friday, September 18th. Shareholders of record on Wednesday, September 30th will be given a dividend of $0.34 per share by the industrial products company on Wednesday, October 14th. This represents a $1.36 dividend on an annualized basis and a yield of 5.3%.
EXTON, Pa., Sept. 18, 2026 (GLOBE NEWSWIRE) -- Omega Flex, Inc. (the “Company”) today announced that the Board of Directors declared a regular quarterly dividend of $0.34 per share payable on October 14, 2026, to shareholders of record on September 30, 2026. In determining the amount of future regular quarterly dividends, the Board will review the cash needs of the Company, and based on results of operations, financial condition, capital expenditure plans, and consideration of possible acquisitions, as well as such other factors as the Board of Directors may consider relevant, determine on a quarterly basis the amount of a regular quarterly dividend.
Bank of New York Mellon Corp purchased a new stake in Omega Flex, Inc. (NASDAQ: OFLX) during the undefined quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 55,022 shares of the industrial products company's stock, valued at approximately $1,727,000. Bank of New York
OFLX's Q2 earnings per share and sales decline year over year as higher raw-material, transportation and tariff costs weigh on gross margin and operating profit.
EXTON, Pa., Aug. 12, 2026 (GLOBE NEWSWIRE) -- Dean W. Rivest, Chief Executive Officer of Omega Flex, Inc. (the “Company”), announced that net sales of the Company for the six months ended June 30, 2026 and 2025 were $47,150,000 and $48,855,000, respectively, decreasing by $1,705,000 or 3.5%. Net sales for the three months ended June 30, 2026 were 5.8% lower than net sales for the three months ended June 30, 2025. The decrease in net sales was mainly due to lower sales unit volumes as the overall market continued to be suppressed because of, among other factors, a decline in housing starts.
Arrowstreet Capital Limited Partnership raised its stake in Omega Flex, Inc. (NASDAQ: OFLX) by 70.9% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 43,069 shares of the industrial products company's stock after acquiring an additional 17,866 shares during the
Shares of Omega Flex, Inc. (NASDAQ: OFLX - Get Free Report) passed below its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $31.81 and traded as low as $29.68. Omega Flex shares last traded at $31.39, with a volume of 67,766 shares changing hands.
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EXTON, Pa., June 11, 2026 (GLOBE NEWSWIRE) -- Omega Flex, Inc. (the “Company”) (NASDAQ: OFLX) today announced that the Board of Directors declared a regular quarterly dividend of $0.34 per share payable on July 7, 2026, to shareholders of record on June 23, 2026. In determining the amount of future regular quarterly dividends, the Board will review the cash needs of the Company, and based on results of operations, financial condition, capital expenditure plans, and consideration of possible acquisitions, as well as such other factors as the Board of Directors may consider relevant, determine on a quarterly basis the amount of a regular quarterly dividend.
Omega Flex's downgrade rating reflects shrinking margins, rising costs and weakening profitability, raising concerns over its near-term growth outlook.
OFLX reports a year-over-year decline in Q1 earnings per share as rising material costs and higher expenses weigh on margins.
EXTON, Pa., April 29, 2026 (GLOBE NEWSWIRE) -- Dean W. Rivest, CEO, announced that net sales of Omega Flex, Inc. (the “Company”) for the first quarters of 2026 and 2025 were $23,093,000 and $23,330,000, respectively, decreasing $237,000 or 1.0%. Net income for the first quarters of 2026 and 2025 were $2,007,000 and $3,568,000, respectively, decreasing $1,491,000 or 41.8%. The decrease in net income was mainly due to rising raw material costs, including tariffs, marketing efforts, and product enhancement and certification related expenses.
Omega Flex, Inc. (NASDAQ: OFLX - Get Free Report) saw a significant decline in short interest in March. As of March 13th, there was short interest totaling 56,397 shares, a decline of 26.8% from the February 26th total of 77,084 shares. Based on an average daily trading volume, of 61,536 shares, the short-interest ratio is currently
EXTON, Pa., March 25, 2026 (GLOBE NEWSWIRE) -- Omega Flex, Inc. (the “Company”) (NASDAQ: OFLX) today announced that the Board of Directors declared a regular quarterly dividend of $0.34 per share payable on April 21, 2026, to shareholders of record on April 9, 2026. In determining the amount of future regular quarterly dividends, the Board will review the cash needs of the Company, and based on results of operations, financial condition, capital expenditure plans, and consideration of possible acquisitions, as well as such other factors as the Board of Directors may consider relevant, determine on a quarterly basis the amount of a regular quarterly dividend.
OFLX reports a year-over-year decline in Q4 earnings as declining housing starts weighed on sales volumes, while higher product development and certification costs pressured profitability.
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